$619,000

148 NW 3rd St Unit s A & B Oak Island, NC 28465

Estimated payment $3,498/month

Total Views 2,141
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Combination Dining and Living Room
  • Split Rail Fence
  • Southport Elementary School Rated 9+
  • Ceiling Fan
  • Carpet

About This Home

PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side and includes an adjacent vacant lot that conveys with the sale too! Ready-made gross rental income currently stands at $33,600 annually with recent renovations made to the front side unit. This single Parcel ID# property is actually two separate lots with the existing home on one side leaving the opportunity to construct a new home on the left side vacant lot - check out the survey. That's right, this listing is actually two separate properties with no Instrument of Separation required, an incoming producing actively rented duplex on one side and a vacant lot to improve as you see fit on the other side! There are many options to explore for this property and its new Owner! This property is located just 0.9 miles to the beach and just three blocks from easy on and off access to the island via the new Middleton Street bridge, a short distance to all the island's goods and services and another great chance for a solid Oak Island beach investment! Schedule your showing today!!

Listing Agent

Brendan Gordon

Coastal Development & Realty Oak Island License #264772 Listed on: 09/11/2025

Co-Listing Agent

Tanya Sellers

Coastal Development & Realty Oak Island License #322542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 110 x 120
  • Split Rail Fence
  • Front Yard

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Parking

  • Unpaved Parking
  • Off-Street Parking

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234eh036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 286.57
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Front Yard, Split Rail, Partial
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Electric Cooktop, Refrigerator, Electric Oven
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Electricity Connected, Sewer Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: County Sewer
  • Water Source: Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 1005.00
  • Lot Acres: 0.30
  • Lot Description: Open Lot, See Remarks
  • Lot Dimensions: 110 x 120
  • Lot Sq Ft: 13199.00
  • Special Assessments: Proposed Beach Nourishment
  • Zoning: Ok-R-6

Rental Info

  • Rental Income Gross Rental Income: 33600.00
  • Annual Gross Rental Income Collected: 2025

Tax Info

  • Tax Identifier: 234eh036
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2907.24

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 For Sale $619,000 -- --
Source: Hive MLS

About the Listing Agent

Brendan Gordon
Brendan Gordon

Coastal Development & Realty Oak Island

(833) 545-8599

Section Image

Well, little did he know when he was cleaning homes and condominiums on the Saturday rental rollovers in Ocean City, Maryland 40 years ago, that he would still be in the business decades later while managing several hundred vacation rental properties in North Carolina for Coastal Vacation Resorts. Brendan received his education at the University of Delaware and California Western School of Law in San Diego before working several years in telecommunications and eBusiness services on the west

View Brendan's Profile

Brendan's Other Listings

  • 4913 E Beach Dr, Oak Island, NC 28465

    $850,000

    • Land
    • 0.17 Acre
    • $5,000,000 per Acre
    • 4913 E Beach Dr
    • Oak Island, NC

    FINALLY, YOU JUST FOUND THE EXCLUSIVE OCEANFRONT LOCATION YOU HAVE BEEN DREAMING ABOUT TO BUILD YOUR LONG-AWAITED BEACH HOUSE IN PROXIMITY TO ALL THAT OAK ISLAND, NC HAS TO OFFER! Let your imagination soar because your future homesite boasts up to 40ft of buildable depth with the ability to go up 40ft high! Envision yourself relaxing in the privacy of your top deck hot tub and swim spa while

    Brendan Gordon Coastal Development & Realty Oak Island

    Section Image
  • 105 SE 53rd St, Oak Island, NC 28465

    $1,695,000

    • 5 Beds
    • 4 Baths
    • 4,049 Sq Ft
    • 105 SE 53rd St
    • Oak Island, NC

    **Stunning Remodeled Coastal Paradise!** This one-of-a-kind home is just steps away from the golden sands and sparkling waves, designed with large families in mind and features multiple living areas. It boasts two kitchens with quartz countertops and stylish tiled backsplashes. Enjoy game nights with ping pong and foosball in the rec room while taking in glimpses of the ocean through newly

    Brendan Gordon Coastal Development & Realty Oak Island

    Section Image
  • 435 Istria Way SE, Bolivia, NC 28422

    $29,900 Pending

    • Land
    • 0.35 Acre
    • $85,429 per Acre
    • 435 Istria Way SE
    • Bolivia, NC

    Design and construct your future dream home in the Low Country architectural style neighborhood of Seawatch! This beautiful and private homesite is just a quick walk to one of the many community ponds with an abundance of nature to enjoy in the peaceful serenity of this master planned community. Centrally located along Rte 211 with easy access to Southport's shopping and dining and Oak Island's

    Brendan Gordon Coastal Development & Realty Oak Island

    Section Image
  • 3534 Bocage St SW, Supply, NC 28462

    $649,000

    • Land
    • 1.05 Acres
    • $618,095 per Acre
    • 3534 Bocage St SW
    • Supply, NC

    Highly coveted intracoastal waterway homesite could now be yours with over 200ft of water frontage, its own exclusive riparian pier/dock rights, nestled in a private cul-de-sac inside the affluent, amenity rich gated community of Seascape at Holden Plantation! For those seeking the coastal marine lifestyle, it's only 1 mile to power your vessel to the Lockwood Inlet and out into the open blue of

    Brendan Gordon Coastal Development & Realty Oak Island

    Section Image
  • 325 E Beach Dr, Oak Island, NC 28465

    $1,950,000 Sold Mar 31, 2025

    • 6 Beds
    • 5 Baths
    • 2,324 Sq Ft
    • 325 E Beach Dr
    • Oak Island, NC

    WELCOME to SUN SALUTATION - OCEANFRONT LIVING at its FINEST! This 6 BR, 5.5 BA fully-furnished oceanfront home featuring an elevated pool and elevator will amaze you with its indescribable ocean views! Built in 2020, Sun Salutation contains luxury upgrades throughout, including LVP flooring, granite countertops, crown molding, a tankless water heater, and rain head showers! Your family and

    Brendan Gordon Coastal Development & Realty Oak Island

  • 1126 E Dolphin Dr, Oak Island, NC 28465

    $999,000 Sold Jun 04, 2025

    • 5 Beds
    • 2 Baths
    • 1,544 Sq Ft
    • 1126 E Dolphin Dr
    • Oak Island, NC

    This home and property are exactly why Oak Island has become one of the most exclusive and coveted barrier reef islands to live on the North Carolina coast. Your new island home rests privately on the backside of just under a half-acre stretching all the way to the salty marshland of the Davis Creek accessed by a wooden walkway where you can drop a crab pot in or head off on your paddleboard

    Brendan Gordon Coastal Development & Realty Oak Island

  • 2609 E Pelican Dr, Oak Island, NC 28465

    $595,000 Sold Sep 17, 2025

    • 4 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 2609 E Pelican Dr
    • Oak Island, NC

    How many times have I heard ''let me know when you have a home that is a great deal.'' Well, here it is...the Best Value on the Beach! This incredibly priced, cozy and comfortable 4 Bedroom, 2 Full Bathroom beach cottage rests on a well-manicured lot with majestic palms flanking each side of the entrance and gravel driveway which fronts a fenced-in yard for your puppies to run complemented with

    Brendan Gordon Coastal Development & Realty Oak Island

  • 2608 E Beach Dr, Oak Island, NC 28465

    $700,000 Sold Apr 30, 2025

    • 4 Beds
    • 2 Baths
    • 1,156 Sq Ft
    • 2608 E Beach Dr
    • Oak Island, NC

    Get ready for family fun and beach time because this affordable 2nd row classic beach cottage has been owned by the same family since the day it was constructed, and who now pass their home graciously to its new Owners along with their decades of wonderful and cherished family beach memories. You will find 4 Bedrooms and 2 Bathrooms flanking each side of the home with the family great room and

    Brendan Gordon Coastal Development & Realty Oak Island

  • 104 SE 36th St, Oak Island, NC 28465

    $489,000 Sold Mar 06, 2025

    • 3 Beds
    • 2 Baths
    • 1,040 Sq Ft
    • 104 SE 36th St
    • Oak Island, NC

    This charming, quaint island cottage oasis awaits you on the south side of Oak Island Drive, close to the beach and all that Oak Island has to offer! This highly sought island home location sits atop an elevated lot above the Davis canal with a very comfortable and private southern style covered front porch for you to relax and take in the salty air breezes from the nearby ocean. Step inside to

    Brendan Gordon Coastal Development & Realty Oak Island

Source: Hive MLS

MLS Number: 100530095

Hive MLS
North Carolina Brunswick County Oak Island 28465

148 NW 3rd St Unit s A & B, Oak Island, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

Nearby Homes
Brendan Gordon
Brendan Gordon
Listing Agent Section Image
Coastal Development & Realty Oak Island
(833) 545-8599